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China’s top 3 hotel groups reveal diverging paths in 2024 earnings reports
04/08/2025|5:29:55 PM|
The contrasting annual results highlight different growth strategies.
Hong Kong’s only budget airline loses USD 66.9 million in first half of 2025
08/15/2025|10:39:22 PM|
The half-year loss exceeded the carrier’s total deficit for full-year 2024.
China reports 610 million border-crossings in 2024, up 43.9% year-on-year
01/15/2025|10:35:54 PM|
Visa-free foreign entries reached 20.115 million, a 112.3% year-on-year increase.
Spring Airlines leads, Big Three lose in Chinese carriers’ Q1 earnings
05/07/2025|4:53:37 AM|
All four non-state-owned airlines turned a profit, while China Express stood out with a 232% surge in net income.
Trip.com Group reports over 60% increase in international platform in Q3
11/20/2024|5:22:38 PM|
Corporate travel revenue for the third quarter saw an 11% increase from 2023.
Lifestyle hotelier Atour reports 10% drop in Q3 RevPAR
11/20/2024|1:03:39 PM|
Net revenues for the third quarter of 2024 increased by 46.7% year-over-year.
Tongcheng continues to reap gains from Tencent collaboration
03/24/2025|10:14:20 AM|
The online travel company reports significant growth in user base, revenue, and profitability in 2024, fuelled by its strategic partnership with Tencent and strong app performance.
Platform capabilities propel Meituan's hotel business in 2024
03/24/2025|3:20:00 PM|
The company’s hotel growth was fuelled by its strong lower-tier market presence and platform integrations, including "Hotel + X" deals.
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